XCCC vs. TAXX

Last updated Apr 2, 2026

Compare and contrast key facts about BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) and Bondbloxx IR+M Tax-Aware Short Duration ETF (TAXX).

XCCC and TAXX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XCCC is a passively managed fund by BondBloxx that tracks the performance of the ICE BofA CCC and Lower US High Yield Constrained Index. It was launched on May 24, 2022. TAXX is an actively managed fund by BondBloxx. It was launched on Mar 14, 2024.

Performance

XCCC vs. TAXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) and Bondbloxx IR+M Tax-Aware Short Duration ETF (TAXX). The values are adjusted to include any dividend payments, if applicable.

XCCC vs. TAXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XCCC BondBloxx CCC Rated USD High Yield Corporate Bond ETF	-2.83%	7.25%	9.93%
TAXX Bondbloxx IR+M Tax-Aware Short Duration ETF	0.43%	4.52%	3.51%

Returns By Period

In the year-to-date period, XCCC achieves a -2.83% return, which is significantly lower than TAXX's 0.43% return.

XCCC

• 1D: 0.12%
• 1M: -1.49%
• YTD: -2.83%
• 6M: -2.96%
• 1Y: 5.62%
• 3Y*: 10.38%
• 5Y*: —
• 10Y*: —

TAXX

• 1D: 0.09%
• 1M: -0.60%
• YTD: 0.43%
• 6M: 1.20%
• 1Y: 3.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XCCC vs. TAXX - Expense Ratio Comparison

XCCC has a 0.40% expense ratio, which is higher than TAXX's 0.35% expense ratio.

XCCC

BondBloxx CCC Rated USD High Yield Corporate Bond ETF

TAXX

Bondbloxx IR+M Tax-Aware Short Duration ETF

Return for Risk

XCCC vs. TAXX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XCCC

XCCC Risk / Return Rank: 32
XCCC Sharpe Ratio Rank: 30
XCCC Sortino Ratio Rank: 27
XCCC Omega Ratio Rank: 36
XCCC Calmar Ratio Rank: 30
XCCC Martin Ratio Rank: 35

TAXX

TAXX Risk / Return Rank: 93
TAXX Sharpe Ratio Rank: 89
TAXX Sortino Ratio Rank: 92
TAXX Omega Ratio Rank: 96
TAXX Calmar Ratio Rank: 95
TAXX Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XCCC vs. TAXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) and Bondbloxx IR+M Tax-Aware Short Duration ETF (TAXX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	XCCC	TAXX	Difference
Sharpe ratio Return per unit of total volatility	0.59	2.00	-1.41
Sortino ratio Return per unit of downside risk	0.84	2.77	-1.93
Omega ratio Gain probability vs. loss probability	1.15	1.51	-0.36
Calmar ratio Return relative to maximum drawdown	0.75	4.33	-3.58
Martin ratio Return relative to average drawdown	3.28	13.71	-10.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XCCC vs. TAXX - Sharpe Ratio Comparison

The current XCCC Sharpe Ratio is 0.59, which is lower than the TAXX Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of XCCC and TAXX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XCCC	TAXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	2.00	-1.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	2.56	-1.66

Correlation

The correlation between XCCC and TAXX is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

XCCC vs. TAXX - Dividend Comparison

XCCC's dividend yield for the trailing twelve months is around 10.34%, more than TAXX's 3.62% yield.

	TTM	2025	2024	2023	2022
XCCC BondBloxx CCC Rated USD High Yield Corporate Bond ETF	10.34%	10.06%	10.68%	12.05%	7.63%
TAXX Bondbloxx IR+M Tax-Aware Short Duration ETF	3.62%	3.72%	2.70%	0.00%	0.00%

Drawdowns

XCCC vs. TAXX - Drawdown Comparison

The maximum XCCC drawdown since its inception was -10.99%, which is greater than TAXX's maximum drawdown of -0.91%. Use the drawdown chart below to compare losses from any high point for XCCC and TAXX.

Drawdown Indicators

	XCCC	TAXX	Difference
Max Drawdown Largest peak-to-trough decline	-10.99%	-0.91%	-10.08%
Max Drawdown (1Y) Largest decline over 1 year	-8.23%	-0.91%	-7.32%
Current Drawdown Current decline from peak	-3.81%	-0.64%	-3.17%
Average Drawdown Average peak-to-trough decline	-1.95%	-0.15%	-1.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	0.29%	+1.59%

Volatility

XCCC vs. TAXX - Volatility Comparison

BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) has a higher volatility of 2.82% compared to Bondbloxx IR+M Tax-Aware Short Duration ETF (TAXX) at 0.43%. This indicates that XCCC's price experiences larger fluctuations and is considered to be riskier than TAXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XCCC	TAXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.82%	0.43%	+2.39%
Volatility (6M) Calculated over the trailing 6-month period	4.10%	0.89%	+3.21%
Volatility (1Y) Calculated over the trailing 1-year period	9.63%	1.91%	+7.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.94%	1.62%	+7.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.94%	1.62%	+7.32%